$359,000
( $104.66Per Sq Foot )
 $1,927 est/mo Sourced by Back At You

234 Main Street , Woodstock, IL 60098

Woodstock, IL 60098

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Description

PRICE REDUCED. Mixed Use Investment Opportunity 2 Retail (lower) 2 Apartments (upper) 3,430 SF Unique 4-unit fully leased investment property in downtown Woodstock. 2 retail units on lower level 1,098 SF and 792 SF and 2 apartments (with separate street entrances) on the 2nd floor 748 SF and 792 SF. Washer and dryer in each apartment. The property has frontage on both Main Street and N. Benton Street just one block from the famous Woodstock Square. All units are occupied with month to month leases at below market lease rates. (see rent roll). Tenants pay gas and electric. Separately metered. Current monthly rent of $3,200/mo. ($38,400 annually). Should the lease rates be increased closer to current market rent rates, the applicable proforma supports the asking price based on an 8.71% CAP rate.

Details

MLS#12140188
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1890
Days On Site185
Listing Provided ByPremier Commercial Realty | Michael Deacon

Features

SQ Feet3,430
Story(s)2
Units4
ZoningCOMMR
Acreage2613.00

Market Activity 60098

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Learn More About This Property

StateIL
CountyMcHenry
CityWoodstock
Zip Code60098
AreaBull Valley | Greenwood | Woodstock
Listing VS Median (in 60098)
Price:
$359,000
low | high
Med:
$359,000
50% of Average
SqFt:
3,430
low | high
Med:
2,731
70.379008746356% of Average
$ / SqFt:
$105
low | high
Med:
$141
15.600393700787% of Average
On Site:
185
low | high
Med:
109.000000
100% of Average
Sourced by Back At You
Listing Updated: January 31, 2025 at 4:18:46 PM PST